News linked to this event type.
According to Odaily, despite spot Bitcoin ETFs recording net inflows of $211.5 million on Tuesday, the price of Bitcoin remained largely flat, hovering around $64,000. Analysts believe this movement resembles the market being compressed into a low-volatility state, rather than signaling an impending sharp decline.On the same day, spot Ethereum ETFs also recorded net inflows of $53.8 million. In the broader macro market, the S&P 500 index closed at a record high of 7,737 points on August 4, the Nasdaq rose 2.6% driven by AI earnings, and Brent crude oil fell below $80 due to easing tensions in the Strait of Hormuz.Wintermute OTC trader Jasper De Maere stated that ETF buying entering the market but failing to push Bitcoin's price higher is itself a key signal, indicating that marginal buyers in the spot market are not truly one-sided bulls. He believes that for Bitcoin to sustain its recovery narrative, it needs a clear breakout above $65,000 in the short term.Overall, analysts are interpreting the current Bitcoin price action as a form of "boring bottoming": no obvious panic selling, yet lacking strong upward momentum. ETF inflows provide support, but the price remains suppressed below key resistance, suggesting the market is still waiting for a clearer directional catalyst.
Odaily News: According to Bitcoin News monitoring, Galaxy Research stated that the largest known COLDCARD theft incident involves 1,159 BTC, distributed across seven attacker addresses, which remain untouched to date, with 0 BTC cashed out or transferred through mixers. The relevant BTC was stolen within 41 minutes, but approximately 600 attacker addresses have been flagged by law enforcement agencies, exchanges, and blockchain analysis firms. Meanwhile, a smaller-scale attacker appears to have begun cleaning funds. On-chain analysts have tracked 64 BTC entering mixers, of which only about 10 BTC initially completed mixing, 54 BTC returned as change, and were subsequently split into outputs of approximately 7 BTC each for further mixing. Analysts noted that these unusually large outputs remain easy to trace, making this cleaning attempt relatively transparent.
Odaily News: According to Bitcoin News monitoring, Alex Thorn of Galaxy Research stated that researchers initially identified the first wave of COLDCARD thefts through a distinctive on-chain pattern: thousands of automated asset transfer transactions used the same fixed fee rate and exhibited identical transaction behavior. This characteristic enabled analysts to trace attacker activity across Bitcoin UTXO history and map out multiple rounds of coordinated theft.
Western Union has partnered with stablecoin infrastructure provider Rain to launch Stablecard, a digital wallet and Visa-branded card that enables users to hold and spend US dollar-pegged stablecoins. The product is now available in 37 markets, with Western Union planning to expand to more than 60 markets by the end of this year. Stablecard supports USDPT, a US dollar-pegged stablecoin issued by Anchorage Digital Bank and running on the Solana blockchain. Users can directly receive Western Union remittances and transfer funds to compatible crypto wallets and exchanges. Users can also spend their balances at all Visa-accepting merchants, as well as through Apple Pay and Google Pay. Western Union also unveiled USDPT in May and expanded its ecosystem through exchange partnerships in June.
Odaily News Multi-strategy hedge funds Balyasny Asset Management and Verition Fund Management both posted losses last month, as the selloff in AI-related stocks rattled markets and weighed on numerous hedge funds. According to sources familiar with the matter, Balyasny fell 1.5% in July, trimming its cumulative return for the first seven months of the year to 1.2%. Another source said Verition declined 1.1%, bringing its year-to-date return to 4.5%. The sources requested anonymity as the performance data is confidential. Meanwhile, some hedge funds managed to profit from the market turmoil. Citadel's flagship fund Wellington rose 5.9% in July, benefiting from taking over positions in Situational Awareness. ExodusPoint Capital Management fell 0.9%, bringing its year-to-date gain to 3.5%. (Bloomberg
Odaily News: According to Onchain Lens monitoring, a Hyperliquid trader has held a long position of 350,040 LINK for 298 days, with an entry price of $11.57. The current price is $8.13, and the liquidation price is $6.74. The position size is approximately $2.85 million, with losses of about $1.2 million, in addition to approximately $186,800 paid in funding fees.
Odaily Odaily News: K33 Head of Research Vetle Lunde stated that the Coldcard attack likely drove the movement of approximately 890,000 BTC within 7 days, setting the highest 7-day active supply record for 2026. K33 estimates that around 7,300 addresses had approximately 1,596 BTC stolen at the time the report was prepared. The incident stems from a firmware flaw introduced by Coinkite in March 2021 in Coldcard hardware wallets, which may generate wallet seeds with insufficient randomness. Since July 30, coordinated transfers have removed approximately 1,600 BTC from thousands of addresses, worth over $100 million, and a possible fourth wave of attacks has pushed the total to nearly 2,000 BTC. On-chain data shows that Bitcoin's 7-day hot supply rose from 403,101.95 BTC on July 28 to 797,407.72 BTC on August 4, an increase of approximately 394,306 BTC in one week, or 98%. Sani from Timechainindex.com stated that since the Coldcard hack on Friday, exchanges have seen net inflows of 22,052 BTC. From July 30 to August 5, 39 dormant addresses moved a total of 1,486.09044782 BTC, worth over $95 million. Among them, one address created in 2010 moved 50 BTC, and five addresses created in 2013 collectively moved 620.00100547 BTC.
According to Odaily, on-chain analyst Ai Yi monitored that the high-win-rate address 0xd9a…8bbf3, which specializes in ETH shorts, closed 26,000 ETH (approximately $48.66 million) at 15:47. The final entry price was $1,871.2, and the take-profit point was $1,864.4. This marks his 21st short position since July 27.
CryptoQuant analyst Darkfost stated on the X platform that the current Bitcoin (BTC) supply profit ratio is approximately 52%, meaning nearly half of Bitcoin holdings are still at a loss, and the market is approaching a key turning point in the bear market cycle.The analysis points out that historically, during each bear market, the Bitcoin profitable supply ratio eventually falls below 50%, entering a stage where "loss-making positions are in the majority." This typically signals further release of market pressure and serves as an important indicator of the late bear market phase.Data shows that in June and July of this year, the Bitcoin profitable supply ratio briefly fell below 50%, but overall it remained near the critical level. Analysts believe this indicates that the current bear market cycle has entered a deeper stage.The analysis states that regardless of where the final market bottom price lies, the Bitcoin market may currently be entering the final phase of the bear market.However, the profitable supply ratio only reflects the on-chain cost structure of holdings and cannot alone determine the market bottom. Further observation combining indicators such as capital flows, macroeconomic conditions, and market sentiment is still required.
Odaily News: According to Onchain Lens monitoring, the Trump-affiliated World Liberty Financial treasury wallet transferred 170 million WLFI to Binance, valued at approximately $9.17 million. The same wallet transferred another 170 million WLFI to the same Binance deposit address 29 days ago, valued at approximately $10.22 million at that time.
Odaily News: Bloomberg ETF analyst Eric Balchunas stated on the X platform that despite the news headlines being dominated by AI weakness this year, the average individual stock has continued to strengthen. 57% of S&P 500 components have outperformed the S&P 500 index, the highest level in 10 years, with improved performance from non-leader components. Additionally, 66% of S&P 500 components are trading above their 50-day moving average, with most sectors outperforming the broader market.
According to South Korean media Daum, after South Korean financial regulators raised the investment threshold for single-stock leveraged products, South Korean retail investors began adjusting their overseas investment portfolios, reducing holdings of high-leverage products and shifting to directly buying underlying US stocks. Data shows that since the minimum cash margin for single-stock leveraged products was raised to 30 million Korean won on August 1, significant capital outflows have occurred in Tesla's 2x leveraged product TSLL. South Korean investors still net bought approximately $14.58 million worth of TSLL on August 3, but on August 4, the buying amount plummeted to $1.56 million, while the selling amount rose to $8.68 million, turning to a net sell of $7.11 million for the day.
According to on-chain analysis platform Lookonchain, Arthur Hayes purchased another 2.69 million ENA tokens 2 hours ago, worth approximately $246,000. Over the past 4 days, he has cumulatively purchased 11.74 million ENA tokens, with a total value of approximately $1.02 million and an average buy price of $0.087.
According to on-chain analysis platform Lookonchain, whale address 0x2684 purchased another 3,960 ETH 3 hours ago, worth approximately $7.4 million. Since June 30, this address has cumulatively purchased 79,216 ETH, with a total value of approximately $140.77 million and an average buy price of $1,777; meanwhile, it has cumulatively purchased 1,400 WBTC, with a total value of approximately $89.44 million and an average buy price of $63,887.
Pop Mart stated that the decrease in shareholding ratio this time was not due to direct selling or reduction of holdings in the secondary market, but rather the fulfillment of option contracts, delivering the corresponding shares in accordance with the transaction agreement.
Odaily News According to official sources, Gate's GUSD product has been fully upgraded. Users holding GUSD can enjoy an annualized yield of 3.8%,with support for flexible deposits and withdrawals, 1:1 lossless redemption in the original subscription currency, and zero redemption fees. Meanwhile, Gate Launchpool is simultaneously opening SPCX and SLX staking pools. Among these, the total value of flexible staking in the SPCX GUSD pool has approached 66.38 million GUSD, with a staking APR of 3.50%. Combined with the 3.8% base annualized yield from GUSD flexible savings, the total annualized yield reaches as high as 7.30%.In addition, Gate is running multiple wealth management and reward campaigns in parallel. Dual rewards for deposits and trading: From 14:00 on August 3 to 14:00 on August 10, 2026 (UTC+8), deposit 100 USDT to receive 100 USDT, and trade to earn an additional 0.1 ETH. Exclusive VIP boost for Gate's余币宝 (Flexible Savings): USDT fixed-term wealth management yields have been fully upgraded, with 7-day and 30-day annualized yields increased to 3.8% and 4.0%, respectively. Quotas are limited and available on a first-come, first-served basis. High-yield campaign for USD1 holders: Starting from 00:00 on July 29 (UTC+8), users holding USD1 in their asset accounts can earn up to 8% annualized yield. Campaign rewards will be distributed daily in the form of WLFI to eligible user accounts.As the product ecosystem and reward framework continue to evolve, Gate will keep enriching users' asset yield scenarios, delivering a digital asset management experience with higher returns and lower barriers.
CertiK 表示，其监测系统发现两笔各 200 ETH 的交易转入 Tornado Cash，相关资金与正在进行的 Coldcard Wallet 攻击事件有关。上述资金此前通过 THORChain 由 BTC 跨链转入以太坊地址，随后再被转入 Tornado Cash。
CryptoQuant analyst Darkfost stated in a post that while Bitcoin continues to oscillate within the $60,000 to $65,000 range, the Binance Whale Inflow Ratio has risen to 0.52, hitting a new high in nearly four months. The rise in this indicator suggests that compared to retail and small-to-medium traders, whales have recently transferred more Bitcoin to Binance, implying that potential selling pressure in the market has increased.
CryptoQuant 分析师 Moreno 发文表示，数据显示，USDT 市值正经历历史上较为剧烈的收缩阶段，60 日市值变动约为减少 40 亿美元，接近历史低位区间。过去 11 天内，USDT 供应量进一步减少约 8.7 亿美元，表明收缩趋势仍在延续。
Odaily News, CryptoQuant analyst Moreno stated that USDT liquidity is experiencing one of the most severe contraction phases in its history. The 60-day change in USDT market cap has fallen to approximately -$4 billion, nearing historical extreme negative levels. Meanwhile, liquidity contraction is still accelerating, with USDT supply decreasing by approximately $870 million over the past 11 days, indicating this is not merely a lagged effect of earlier redemptions.Stablecoins are the most direct source of available liquidity in the crypto market. Sustained USDT expansion is typically accompanied by stronger BTC price performance, while prolonged contraction phases often correspond to weak demand, market pullbacks, and declining risk appetite. However, the correlation between USDT flows and BTC price does not prove direct causation—both may be simultaneously influenced by risk-aversion sentiment, with redemption pressure and spot selling occurring in tandem. The current BTC decline is not an isolated event but is occurring against the backdrop of one of the market's primary liquidity sources steadily shrinking, which also explains why recent bounces have been difficult to sustain. To improve market conditions, we need to see the 60-day change in USDT stabilize, daily supply contraction slow, and a return to an expansion phase.